Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-06-13
WASHINGTON.
Whyth Banks Of Chicago are Not Au-
thorized to Act as Reserve Agents
for Other National Banks.
The Trouble Government Employees
Outside the National Capital Expe.
rienGe in Obtaining Their Pay.
The General Prosperity Thro ugh out tho
Country an Argument Against an
Extra Session of Congress.
WHY CHICAGO GRowLs.

WHY CHICAGO GROwLs.
Special to the Gazette.
WASHINGTON, June 12.-It is noticed
with some surprise that very few of the
banks of Chicago are authorized to act as
reserve agents for other national banks,
while those of Omaha, st. Louis, New
York and other large cities are constantly
receiving appointments to take care of
the surplus funds of banks in all sections
of the country. An inquiry as to the
cause of this state of affairs brought out
the following story: The act of Congress
approved last year authorized the recog-
milton as a PRESERVE city" of any place
where o-thirds of the national banks
would Join in and make tie request of the
Treasury officials. The bill was pushed
through Congress by the Chicago mem
bers and in the interest of the Chicago
banks. 1t seems, however, that there is
in Chicago a clearing house to which the
smaller national banks have been denied
admission. As soon as the reserve bill
became law the clearing house banks
called q meeting of all the nation
at banking institutions at Chicago, and
the small fry were told that their sigma
lures were wanted TO a petition which
would give all the banks represented the
right to enjoy the benefits of the law.
But the small fry were not of that species
of fish. They replied, through their rep
resentatives, that they were not particu-
larly anxious TO Join in. If they signed
the petition at all, it would be only after
they had been admitted to membership
in the clearing house This caused a
great deal of CONSERVATION, but the
bigger concerns were not disposed to give
in to their smaller and poorer relations.
AS there were more than one-third of the
national banks in Chicago outside the
clearing house, the others found them
selves unable to comply with the terms
of the act, and they were unable, in con-
sequence, to enjoy the benefits of the
law. In the meantime the banks of other
cities have been able to rean the crop OF
reserve funds which the Chicago man
sowed. There is growing in Chicago in
consequence.
TOO MUCH RED TAPE.
Special to the Gazette.
WASHINGTON, June 12.-While there
is no better paymaster TO its employees,
who are engaged in the city of Washing
ton, than the government of the United
States, there is none so bad in the world
than this same government when it's
servants are engaged in their labors away
from the shadows of the capitol. This is
true of officials and employees !
connected with the Department of |
Justice. While the clerks in the Attorney
Generals Office here will receive their |
salaries for the first half of the current |
month on Wednesday next, the assis-
tants to the district attorney in cities
outside of Washington, as we'll as mar
shals, court officers, witnesses and others
needed to and in maintaining the dignity
Of the United States courts, have not yet
been paid for work done during the
month of April. Every account against
the government contracted outside of
Washington seem to have q faculty of
winding itself up in red tape, and no
matter If the public servant is provided
Tor by law be cannot get his salary until
lis account has passed through hun
ired hands. Those interested have been
,rying for years to get some system of
payments adopted which would ensure
prompt payment, but up to the present
lime they have been unable to get any
NO SIGNS OF AN EXTRA SESSION.
special to the Gazette.
WASHINGTON, June 12.-"If there is
me thing more than another which will
.rgue against an extra session of Con-
,ress it is the general prosperity abound
NC throughout the country" said 8
Representative this morn
ng. 81 have just returned from al ex-
enslye trip through the west, and never
I'D see the whole population so thrifty.
The crops are growing magnifCently;
lices for products are good; buildings
re going up everywhere, and money into !
manufacturing; interest is lowering, and !
here is less distress than l have seen !
uring the past decade or score of years.
What is there to call for an extra SEES.
ion?
IF there is too much surplus in the
treasury it doesn't seem to iniure any I
Ody or anything, and there Is no imme- {
late demand for action in that direction; /
nd l believe the surplus is the only thing c
rying for Congressional action. True, y
lie revenues ought to be reduced, and T
)me OF the idle money in the Treasury |
ut into circulation; but can anyone say 5
lat the immense prosperity Astounding
the country would indicate a
lat summary action in reference TO any !
ing within the power of Congress is de- 8
anded? l do not think so. Besides, l s
D not believe that there will he an extra q
,ssion, if for no other reason 1hsn that
lie President does not care to take the
sponsibili'y of it. There is an extra
)st attaching to an extra session of t
,mething like 500, 900 day" ii
HOW NEWS IS OBTAINED. o
,ecial to the Gazette. S
WASHINGTON, June 12.-No one who 3
Is been connected with the newspaper .
ices in Washington can have any idea CT
the absurd requests which some people p
i'll make of the correspondents. Hun e,
eds of people who are in possession of b
fact of more or less Importance to is
emselves think that they have impor-
Mt news which the country is just
ffering to hear. These people in
.riably rush TO the Newspaper row" or
the office of the press associations and u
ey seem 20 feel aggrieved if the CORE II
'ondents dc not st once seize upon the Il
I'm and send it broadcast through the r
untry. LAST week the secretary of the t